Chatfield
Chatfield, MN · Real Estate
rejournals.com
Sherman Associates closes $136.5 million multifamily development in Rochester
Sherman Associates announced the financial closing on its multifamily development at the Civic Center North Lot site in downtown Rochester, located at 217 East Center Street. The transformative mixed-income development will bring 349 new homes to downtown Rochester along the Zumbro River and adjacent to the Mayo Clinic campus. The...
connectcre.com
Sherman Associates Closes $136M Financing for Rochester MF Project
Sherman Associates announced the financial closing on a multifamily development in downtown Rochester, Minnesota. The mixed-income development will bring 349 new homes to downtown Rochester along the Zumbro River and adjacent to the Mayo Clinic campus. Located at 217 East Center Street, the project is the result of a public-private...
Lonsdale Area News-Review
Harvest Pond Apartments breaks ground in Lonsdale after 14-month process
Construction is underway on Harvest Pond Apartments, a 58-unit market-rate development in Lonsdale that developers and city officials say fills a gap in the community’s housing stock. Developer Brian Bruggeman and general contractor Scott Quiring of Amcon Construction joined city officials and project partners Tuesday for a groundbreaking ceremony at the site near the grocery store and library. “We’re here today to celebrate the groundbreaking of Harvest Pond Apartments. It’s been a long ride,” Bruggeman said. “I actually looked back at my emails and we started this conversation about 14 months ago. So it’s been a 14-month process to get here.” The project will feature a pet park, community room with kitchenette and games, and a fitness center. Construction will continue through the winter, with completion expected in about 12 months. “They’ll work yearround,” Bruggeman said. Quiring said the idea for the project grew out of a simple observation about the community. “I just knew Lonsdale needed something, and this was kind of just started with that, knowing it had a need, and turned into this three years later,” he said. Meeting a need Quiring, a Webster resident who has lived in the area for more than three decades, said
KIMT
Rising property taxes put pressure on Austin taxpayers as city costs climb
AUSTIN, Minn. (KIMT) - Rising property taxes are creating concern among homeowners and businesses in Austin. City Council Member Jason Baskin says several factors are putting pressure on local governments. Baskin said property taxes are one of the primary tools available to local governments to pay for city services. “At...
Travel Pug
20 Small Lake Towns in the Midwest Where Housing Still Costs Less
The Midwest lake-town dream doesn’t require a six-figure down payment. While coastal waterfront living demands wealth that many buyers simply don’t have, the Upper Midwest offers something different: genuine lake access paired with housing prices that can be considerably more attainable. These communities offer fishing, boating, four-season recreation, and small-town character without the premium prices ... Read more
KAAL ABC 6 NEWS Minnesota Iowa
Rochester aims for 14,000 new homes by 2035
(ABC 6 News) — The City of Rochester is hoping to meet growing demand for housing with 14,000 additional homes by 2035. There is optimism throughout the Housing and Development Department, due to standing policies and around 4,000 acres of land for housing. Olmsted County and Rochester have combined efforts to prepare for projected population […]
Faribault Daily News
Rowan, Estrada weigh in on city issues ahead of primary
The following is a series of four profiles with two of the 10 candidates running for the three open city council seats in the Aug. 11 primaries. This is the second of four articles, the rest will be released in successive editions as interviews are completed. The full collection of every candidate will be available at Faribault.com . Councilman John Rowan Incumbent Councilman John Rowan remembers his first day of public office well. ¨That year that we all ran in 2012, we got three new council members that had no experience, I was one of them,¨ the 52-year-old said, ¨I remember walking in and taking my chair and thinking to myself, ´Oh, this is real, I have to do this now for the next four years.´¨ Since then Rowan has served in the council for a combined eight years between 2013 and 2026, twice appointed and once after his successful campaign in 2012. A Faribault High School graduate, he now owns the store Geek Central in the city’s downtown and is deputy director of emergency management for the county. Rowan is the only incumbent running in this year’s council primaries, and the only one to have held a city council
KAAL ABC 6 NEWS Minnesota Iowa
Rochester business owner urges city council member to repair sidewalks
(ABC 6 News) – John Kruesel, owner of John Kruesel’s General Merchandise in Rochester, says damaged sidewalks near First Avenue and Third Street are an immediate public safety concern in the Historic District. Kruesel sent a letter to Ward One City Council member Nick Miller, which is where the business is located. In the letter, […]
cedausa.com
A Step Forward for Local Housing: 38 New Units Coming to Zumbrota
This past Spring, an old bank building was demolished in order to make way for this new housing development on previously owned EDA property that was sold to a local business owner. In an interesting twist, during the initial ground-breaking process, a time capsule from 1961 was discovered! What wonders...
q-mediagroup.com
Red Wing HRA Development Loans
If you own rental or commercial property in Red Wing, the Red Wing Housing & Redevelopment Authority (HRA) wants to hear from you. The Small Cities Development Program (SCDP) could provide loans, often forgivable, for building repairs and improvements, but to make a compelling case for receiving funds from the program, the HRA first needs to establish local interest.